Powergrid Reports 4% Growth In Profit After Tax in Q4 Updated On Tue, May 23rd, 2023 by Saurenergy India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis. It also said that on a consolidated basis, its income during Q4 also […] Read more
Power Grid Corp of India to Invest Rs 330 Cr in Transmission Project Updated On Tue, Dec 20th, 2022 by Saurenergy Power Grid Corporation of India has revealed its plans to invest in the expansion of the renewable energy infrastructure in the country. In a regulatory filing, the power transmission company said that the Board of Power Grid has approved an investment proposal of Rs 330.61 crore for the development of transmission system that will help […] Read more
KEC International Adds To Order Book, Including 500 MW Solar Project Updated On Tue, Dec 20th, 2022 by Saurenergy After it won new orders worth ₹1,313 crore across its various verticals, manufacturer of electric power transmission towers, KEC International, saw its shares surge at 7 per cent to Rs 501 on the BSE. The new orders have augmented the firm’s year to date order intake to more than Rs 13,000 crore. With such strong […] Read more
Sterlite Power Wins Nangalbibra-Bongaigaon ISTS power transmission bid In North-East Updated On Mon, Oct 18th, 2021 by Saurenergy Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra─Bongaigaon inter-state power transmission project worth INR 324 Cr through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder. The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of ~130 km […] Read more
KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore Updated On Wed, Mar 31st, 2021 by Saurenergy KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […] Read more
1st Ever Indigenous HEMT That Could Revolutionise EVs, Transmission Updated On Thu, Mar 18th, 2021 by Saurenergy A new High Electron Mobility Transistor (HEMT) has been developed that is a normally OFF device and can find use in EVs, power transmission, etc. A team of scientists from Bangalore has developed a highly reliable, High Electron Mobility Transistor (HEMT) that is a normally OFF device and can switch currents up to 4A and […] Read more
Sterlite Power elevates Manish Agarwal as CEO of Infrastructure & Solutions Business Updated On Thu, Feb 25th, 2021 by Saurenergy Sterlite Power, a leading global developer of power transmission, today announced the elevation of Manish Agarwal as CEO of the Infrastructure business, in addition to his existing role as CEO for the Solutions Business. Manish has been associated with the Sterlite Group for 22 years and has held various leadership positions across the organization. Prior […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
